Soros Bets Big on Organizations Trying to Help Democrats Retain the Hispanic Vote

The Soros network is investing heavily in retaining Hispanics and Latinos as a Democrat voting bloc. 

Since 2020 alone, the Open Society Foundations, which is now run by George Soros’ son Alex, has donated nearly half a billion dollars to causes related to the Democrat Party. Among this included $170 million donated to help Democrats in the 2022 midterms, and $138 million spent on advocacy groups and causes. The vast majority of the donations are to the PACs Democracy PAC and Democracy PAC II, which are also meant to help in future elections. 

As Williams Perdomo first documented, in 2022 Soros’ Open Society Policy Center quietly donated nearly $19 million to Equis Lab, a 501(c)(4), and nearly $17 million to the Equis Institute, a 501(c)(3), both of which are part of the organization Equis. A 501(c)(3) is a charitable organization that’s supposed to be non-partisan and not engage in political activities, and donations to them as tax deductible. 501(c)(4) organizations exist to promote social welfare, and donations to them are not tax deductible. Soros previously donated $6.48 million to Equis Labs in 2021. 

Equis Labs claims to focus on research, innovation, and leadership for “Latinx” individuals, while the Equis Institute describes itself as a hub “between Latinx communities and the democratic process.” “Latinx” is a progressive attempt at creating a “gender neutral” version of Latino/Latina (which is pointless because one could just say “Latin” instead), and only 3% actually use it. 

Equis’ mission is explicitly to mobilize Latino voters, who they describe as “one of the last great wildcards.” Their strategies include so-called “counter-disinformation strategies” (i.e. spreading disinformation), and some vague statements about promoting “leadership” and “national partnerships.” 

Equis is known for its exhaustive post-election reports on the Latino vote, and in 2022, assessed that it was in steep decline in Florida, but showing “basic stability” in areas with highly-contested races. However, they cautioned their fellow Dems that Latino voting patterns are not static, and expressed concern that Latinos who didn’t vote in 2022 are a wildcard in 2024. According to their research, Latino non-voters who then re-engage tend to default to Democrats, but are much more likely to be open to individual Republicans. In their words, “Greater fluctuations are possible when there is a major shift in the issue environment, imbalanced campaigning, or a weakening of identity bonds” - and this is exactly what Soros is trying to prevent. 

As Perdermo pointed out in his reporting, citing the Pew Research Center, Republicans lost the Hispanic vote by 21 points in 2022, compared to 47 points in 2018, closing the gap by 26 percentage points. So on the bright side, Soros’ money doesn’t seem to have moved the needle much there.

Last year, Soros took over 18 spanish-language conservative-leaning radio stations, which includes the conservative Miami show Radio Mambi. 

Latinos generally vote Democrat over Republican by a 2:1 margin in presidential elections, with the closest election being John Kerry vs. George W. Bush, where Bush lagged by 18 percentage points. There obvious diminishing returns in Soros trying to persuade a group that already mostly votes how he wants, in that the best case scenario for him is retaining their vote share. Only the Radio Mambi takeover is trying to forge new ground in targeting Florida voters, a state where Hispanics do lean Republican, especially when it comes to state politics. DeSantis took in 58% of the Latino vote in 2022 - including  nearly 70% of the Cuban vote. 

Matt Palumbo is the author of Fact-Checking the Fact-Checkers: How the Left Hijacked and Weaponized the Fact-Checking Industry and The Man Behind the Curtain: Inside the Secret Network of George Soros

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